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Stolt Tankers is set to use renewable biofuel on 30 of its ships from this month. The company, part of Norway’s Stolt-Nielsen, said it will bunker all its Stolt-Nielsen Inland …
Shipowner Nicolas Saverys and his family are making a new effort to take Belgian gas shipping and infrastructure company Exmar private in an offer worth €105.7m ($111.1m). Saverex, the holding …
Turkey’s Besiktas Shipyard announced on Monday taking delivery in the Sea of Marmara of a large floating dock that travelled 54 days all the way from Singapore through the Red …
Russia will start exporting petrol again in January, but the impact on clean tankers will be muted, brokers believe. The Putin administration banned the sale of fuel overseas in February …
A grounded Iraqi general cargo ship is sinking near coral reefs off Egypt. Salvors are trying to save the 72-metre, 8,200-dwt VSG Glory (built 1994) after a gash in its …
Shipping’s top regulator has pressed Iran over the fate of four ships seized and held for months by its military during wider political and commercial battles with the West. During …
New York-headquartered shipbroker McQuilling Partners has become the latest investor in Constantine Logothetis’ fuel decarbonisation venture SulNOx. The London-listed operation said that McQuilling w
Stolt Tankers is to use renewable biofuel on 30 of its ships from this month. The company, part of Norway's Stolt-Nielsen, said it will bunker all its Stolt-Nielsen Inland Tanker …
Cypriot owner Castor Maritime is taking a loss from the sale of a sub-panamax boxship. The Nasdaq-listed company said the 2,700-teu Ariana A (built 2005) will leave the fleet for …
Greek owner Evalend Shipping has doubled an order for handysize product carriers with a return to its favoured Chinese shipyard. The Kriton Lendoudis-backed company is said to have commissioned Chine
Conditions are ripe for the emergence of a new wave of unregulated ship recyclers to dismantle vessels hit by sanctions, according to industry experts. These “untouchable” ships, shunned by mainstrea
Singapore-listed Yangzijiang Shipbuilding announced on Monday that it has signed 21 newbuilding contracts for container ships, MR tankers and bulk carriers. The total value for these contracts is $2.
Norwegian billionaire Torstein Hagen and his daughter Karine have increased their majority stake in Viking Holdings, primarily by exercising warrants that gave them rights to buy more shares. The mov
Hong Kong’s Ocean Treasure Shipping has divested two capesize bulkers for profit after owning the pair for just eight months, according to brokers. The en-bloc sale will generate about $7m …
Construction is poised to start on Wednesday on a new port in Brazil that will bring additional VLCC loading capacity to the South American nation. Porto Central said that phase …
Maritime Partners has another warehouse, and this one holds even more cash than the last. The fast growing US-flag leasing and finance power has sealed a credit line known as …
Shipping analysts believe Donald Trump’s threatened 25% tariff on Canadian and Mexican imports could be broadly positive for crude tankers. But product tanker tonne-miles may take a hit. Indications
The ongoing closure of the Red Sea to mainstream shipping might be the floor tanker owners need, Kpler argues. Sunday’s Houthi missile attack on two US Navy destroyers and three …
Hapag-Lloyd chief executive Rolf Habben Jansen does not believe liner operators are taking an “unacceptable” bet on the future by stocking up on pricey container ships. That is despite a …
BW LPG’s trading division has so many ways of making money that its future performance is hard to predict, according to chief executive Kristian Sorensen. The Singapore VLGC company was …
